Contacts
Adam Montufar
Alchemy Real Estate Advisors (AREA)
Property Details
- Property Type Other
- Property Size 39,999 SF
- Units 63
- Lot Size 2.29 Acre
- Additional Rent Contact for pricing
- Year Built 2013
- Date Updated Nov 4, 2024
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Highlights
- Fee simple interest in the 63-room Hampton Inn in Chickasha, Oklahoma, within the Oklahoma City MSA
- The asset will be available for purchase in the January 22nd auction event via RI Marketplace
- Offered for sale as part of an eight-property (8) portfolio, with all properties being sold individually
- Strong operational upside in transitioning the asset out of institutional ownership and third-party management
- Property is offered unencumbered by management and debt and at a significant discount to replacement cost
- Located along Interstate 44 and U.S. Route 81, which boasts an average daily traffic of approximately 25,000 vehicles and serves as a key route between Oklahoma City and Lawton, making it a convenient stopover for travelers
- Chickasha's economy is supported by oil, gas, and wind energy activity; however, the diverse local economy has a strong presence in the education and transportation sectors, as well as the manufacturing and agricultural industries
- Local leisure demand includes the Grady County Fairgrounds, Shannon Springs Park, and the Chickasha Sports Complex
- The Chickasha Festival of Lights has been recognized as one of the top national holiday displays and draws more than 250,000 guests annually
- Proximate to the University of Science and Arts of Oklahoma (USAO), which generates demand from faculty, visiting lecturers, students, and families attending campus events or sports tournaments
- Proximate to Oklahoma City (less than 45 minutes), the state’s largest city, offering overflow lodging for events and activities in Oklahoma City while providing more affordable accommodations
- The Oklahoma Department of Aerospace & Aeronautics has proposed a $300 million, five-year airport redevelopment plan, with the largest investment benefiting Oklahoma City’s Will Rogers International Airport
Getting around
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Walk Score ®
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Bike Score ®
Location
- City Chickasha, OK
- Zip Code 73018
- Market Oklahoma City
Points of Interest
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Love's
1.38 miles
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Hampton Inn Chickasha
0.01 miles
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Fairfield Inn & Suites Chickasha
0.12 miles
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Super 8 by Wyndham Chickasha
0.24 miles
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Best Western Plus
2.18 miles
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ALDI
0.65 miles
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Walmart Supercenter
0.98 miles
In-Depth Research Available for this Property
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
Contact Listing Broker
Adam Montufar
Alchemy Real Estate Advisors (AREA)